BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) Sees Significant Decrease in Short Interest

BNY Mellon US Mid Cap Core Equity ETF (NYSEARCA:BKMC) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 5,282 shares, a drop of 31.8% from the February 12th total of 7,740 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 35,322 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 35,322 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

BNY Mellon US Mid Cap Core Equity ETF Stock Down 0.3%

Shares of BKMC stock traded down $0.30 during trading on Friday, reaching $110.20. The company’s stock had a trading volume of 7,788 shares, compared to its average volume of 18,430. BNY Mellon US Mid Cap Core Equity ETF has a one year low of $82.26 and a one year high of $119.18. The business has a fifty day moving average price of $115.78 and a 200-day moving average price of $111.12. The company has a market cap of $611.61 million, a price-to-earnings ratio of 19.73 and a beta of 1.06.

BNY Mellon US Mid Cap Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Monday, December 29th were paid a $0.4651 dividend. This represents a $1.86 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, December 29th. This is an increase from BNY Mellon US Mid Cap Core Equity ETF’s previous quarterly dividend of $0.35.

Hedge Funds Weigh In On BNY Mellon US Mid Cap Core Equity ETF

Large investors have recently modified their holdings of the business. Osaic Holdings Inc. grew its position in shares of BNY Mellon US Mid Cap Core Equity ETF by 406.8% in the second quarter. Osaic Holdings Inc. now owns 14,135 shares of the company’s stock valued at $1,447,000 after purchasing an additional 11,346 shares during the last quarter. RPOA Advisors Inc. lifted its holdings in BNY Mellon US Mid Cap Core Equity ETF by 5.2% during the 3rd quarter. RPOA Advisors Inc. now owns 4,229,542 shares of the company’s stock worth $458,971,000 after purchasing an additional 209,436 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in BNY Mellon US Mid Cap Core Equity ETF by 111.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 63,969 shares of the company’s stock valued at $6,548,000 after purchasing an additional 33,687 shares during the period. Diversify Wealth Management LLC grew its holdings in BNY Mellon US Mid Cap Core Equity ETF by 3.6% in the 3rd quarter. Diversify Wealth Management LLC now owns 163,956 shares of the company’s stock valued at $17,659,000 after buying an additional 5,750 shares in the last quarter. Finally, Diversify Advisory Services LLC grew its holdings in BNY Mellon US Mid Cap Core Equity ETF by 21.4% in the 2nd quarter. Diversify Advisory Services LLC now owns 62,289 shares of the company’s stock valued at $6,536,000 after buying an additional 10,973 shares in the last quarter.

About BNY Mellon US Mid Cap Core Equity ETF

The BNY Mellon US Mid Cap Core Equity ETF (BKMC) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market-cap weighted index of US mid-cap stocks that covers the bottom 10-30% market capitalization. BKMC was launched on Apr 9, 2020 and is managed by BNY Mellon.